Myanmar currently does not have any agreed framework for sharing of
benefits from O&G projects with communities from where those benefits
derive. The standard PSC has a few limited clauses that refer to preferential
procurement of goods and services from Myanmar (subject to certain conditions)
and to the need to “expedite … Corporate Social Responsibility in the Contract
Area.” None of the PSC provisions require a more in-depth engagement, or benefitsharing,
with
local
communities.